NOT LISTED FOR SALE

Estimated Value: $169,000 - $425,000

-- Bed
1 Bath
1,708 Sq Ft
$189/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $340,000 $199 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,253/month

11 Days on Market

Highlights

  • View of Trees or Woods
  • Oversized Lot
  • Fenced
  • 5 Acre Lot
  • Outdoor Storage

About This Home

As of February 2022

RARE OPPORTUNITY to own a 5 acre income producing parcel in PUNTA GORDA. This FULLY FENCED parcel is located in a quiet neighborhood at the end of the road. The land is cleared for access and yet still offers native Florida mature trees such as Florida pines. This is a beautiful oasis close to downtown. This property has well, septic and electricity. There are two manufactured buildings 36x24 with full bathrooms and kitchenette that rent for $800/ month. There is also a tenant with trailer that pays $500/ month, a tenant with a trailer that pays $400/ month and a tenant with a trailer in the 28x20 pole barn/ carport that pays $500/ month. This is a total current rental income of $3000/ month. The zoning is RE1 and as per the seller can be subdivided into five 1 acre lots. There is also a 40x8 storage trailer. This parcel is minutes from historic downtown Punta Gorda shopping, dining, medical care, waterfront parks, fishing piers, boat ramps, walking and biking paths, art galleries, weekend farmers markets, Fishermen's Village, events and more!

Last Agent to Sell the Property

Jerry Hayes

RE/MAX ALLIANCE GROUP License #625093 Listed on: 01/09/2022

Last Buyer's Agent

Akos Jankura

COLDWELL BANKER SUNSTAR REALTY License #3497223

COLDWELL BANKER SUNSTAR REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,779

Year Built

  • Built in 1988

Lot Details

  • 5 Acre Lot
  • Fenced
  • Oversized Lot

Home Design

  • Duplex

Interior Spaces

  • 1,708 Sq Ft Home
  • Views of Woods
  • Crawl Space

Outdoor Features

  • Outdoor Storage

Schools

  • East Elementary School
  • Punta Gorda Middle School
  • Charlotte High School

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot P4
  • Assessor Parcel Number 412327476010

Community Details

Overview

  • 1,708 Sq Ft Building
  • Punta Gorda Community
  • South Punta Gorda Heights Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,779

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Property Description: Modular
  • Living Area: 1708.00
  • Lot Size Acres: 5.00
  • Year Built: 1988
  • Building Area Total: 1708.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7453562?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7453562?w=Customer
  • Lot Size Sq Ft: 217800
  • Building Search Sq Meters: 158.68
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7453562?w=PubMLS
  • Directions to Property: US 41 SOUTH....LEFT ON PAYNE ST....LEFT ON ROYAL RD.....FIRST RIGHT ONTO LEMONADE DR....RIGHT ONTO SUNKIST DR......LEFT ONTO GRAPEFRUIT LANE....THE PROPERTY IS STRAIGHT AHEAD AT THE END OF THE ROAD.
  • Escrow City: Punta Gorda
  • Escrow State: FL
  • List Office Head Office Key Nume: 1045828
  • Status: Sold
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Crawlspace
  • Living Area Meters: 158.68
  • Street Number Modifier: 11000

Exterior Features

  • Exterior Features: Fenced, Storage
  • Flood Zone Code: D
  • Flood Zone Date: 05/05/2003
  • Flood Zone Panel: 12015C0430F
  • View: Trees/Woods
  • Road Surface Type: Asphalt, Paved

Utilities

  • Utilities: Electricity Available
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • S W Subdiv Community Name: Punta Gorda

Schools

  • Elementary School: East Elementary
  • Middle School: Punta Gorda Middle
  • High School: Charlotte High
  • Elementary School: East Elementary
  • High School: Charlotte High
  • Middle Or Junior School: Punta Gorda Middle

Lot Info

  • Total Acreage: 5 to less than 10
  • Zoning: RE1
  • Parcel Number: 412327476010
  • Lot Features: In County, Oversized Lot, Street Paved
  • Lot Size Square Meters: 20234

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Total Num Buildings: 2
  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5779.00
  • Tax Book Number: 1-11
  • Tax Lot: P4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2022
Closed on
Feb 4, 2022
Sold by
Michael Stewart
Bought by
Clement Ruben J and Clement Teri L
Seller's Agent
Jerry Hayes
RE/MAX ALLIANCE GROUP
Buyer's Agent
Akos Jankura
COLDWELL BANKER SUNSTAR REALTY
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Current Estimated Value
$322,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,802
Avg. Annual Appreciation
-1.51%
Original Mortgage
$255,000
Outstanding Balance
$132,061
Interest Rate
2.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$190,137

Purchase Details

Listed on
Jun 14, 2020
Closed on
Jul 21, 2020
Sold by
Tisherman Sharyn A
Bought by
Stewart Michael
Seller's Agent
Allie Duenas
RE/MAX ALLIANCE GROUP
Buyer's Agent
Justus Koester
LAND WEALTH REALTY
List Price
$179,000
Sold Price
$165,000
Premium/Discount to List
-$14,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.92%
Original Mortgage
$148,500
Interest Rate
3.2%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jan 18, 2013
Closed on
Apr 10, 2013
Sold by
Richardson Robert J and Richardson Ann
Bought by
Successful Pathways Llc
Seller's Agent
Linda Wilson
Buyer's Agent
OUT OF AREA REALTOR
List Price
$69,900
Sold Price
$53,000
Premium/Discount to List
-$16,900
-24.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.88%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Clement Ruben J $340,000 Burnt Store Title & Escrow
Clement Ruben J $340,000 Burnt Store Title & Escrow
Stewart Michael $165,000 Florida Resident Title Agent
Successful Pathways Llc $53,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clement Ruben J $255,000
Closed Clement Ruben J $255,000
Previous Owner Stewart Michael $148,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $340,000 -2.9% $199 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
01/09/2022 01/09/22 For Sale $350,000 +112.1% $205 / Sq Ft
07/21/2020 07/21/20 Sold $165,000 -7.8% $516 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $179,000 +237.7% $559 / Sq Ft
04/11/2013 04/11/13 Sold $53,000 -24.2% $166 / Sq Ft
03/21/2013 03/21/13 Pending -- -- --
01/18/2013 01/18/13 For Sale $69,900 -- $218 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,961 $279,175 $153,000 $126,175
2023 $5,961 $297,798 $148,750 $149,048
2022 $4,867 $252,087 $106,250 $145,837
2021 $5,779 $216,115 $72,250 $143,865
2020 $1,489 $57,231 $53,125 $4,106
2019 $1,427 $55,108 $51,000 $4,108
2018 $1,278 $46,974 $43,350 $3,624
2017 $1,248 $48,180 $44,625 $3,555
2016 $1,083 $28,802 $0 $0
2015 $1,089 $28,642 $0 $0
2014 $1,029 $28,536 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7453562

Stellar MLS

APN: 412327476010